Global IoT Solutions in Automobile Market Growth (Status and Outlook) 2024-2030

Global IoT Solutions in Automobile Market Growth (Status and Outlook) 2024-2030

Iot is a crucial component of the auto industry. The use of IoT in the automotive sector also stimulates the market for automated devices that assist in the analysis of real-time data on fleet operators & vehicle users. Also, it has something to do with the internet of linked vehicles, which disperses three different types of communications: vehicle-to-infrastructure, vehicle-to-vehicle, and in-vehicle. The IoT in Automotive process involves incorporating IoT technology in the automotive sector to improve the comfort, productivity, and intelligence of automobiles. Smart apps can be used by connecting computer, digital, and mechanical equipment to automatically supply data transmission. In the automotive sector, IoT development aims to give real-time data and information on passengers.

The global IoT Solutions in Automobile market size is projected to grow from US$ 98970 million in 2024 to US$ 290810 million in 2030; it is expected to grow at a CAGR of 19.7% from 2024 to 2030.

LPI (LP Information)' newest research report, the “IoT Solutions in Automobile Industry Forecast” looks at past sales and reviews total world IoT Solutions in Automobile sales in 2022, providing a comprehensive analysis by region and market sector of projected IoT Solutions in Automobile sales for 2023 through 2029. With IoT Solutions in Automobile sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world IoT Solutions in Automobile industry.

This Insight Report provides a comprehensive analysis of the global IoT Solutions in Automobile landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on IoT Solutions in Automobile portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global IoT Solutions in Automobile market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for IoT Solutions in Automobile and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global IoT Solutions in Automobile.

Because of how quickly it is developing and expanding, the automotive IoT is transforming the automotive industry. The IoT makes driving and travelling safer and more efficient. From the standpoint of the automotive IoT, internet-connected vehicles have the capacity to identify problems and avoid failure. As automation and artificial intelligence technology advanced, autonomous vehicles grew in popularity in the automotive industry.

This report presents a comprehensive overview, market shares, and growth opportunities of IoT Solutions in Automobile market by product type, application, key players and key regions and countries.

Segmentation by Type:
Hardware
Software
Services

Segmentation by Application:
Infotainment
Navigation
Telematics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Hardware
Software
Services

Segmentation by Application:
Infotainment
Navigation
Telematics

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Texas Instruments Inc
Intel Corporation
NXP Semiconductors N.V.
TOMTOM N.V.
Cisco Systems Inc
Microsoft Corp
Thales SA
IBM Corporation
AT&T Inc
Vodafone Group
Robert Bosch GmbH
Google Inc
Apple Inc
General Motors
Audi AG
Ford Motor Company

Please note: The report will take approximately 2 business days to prepare and deliver.